Negative Effects of Globalization on Developed Nations

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What is one negative effect of globalization on individuals in developed nations?

Increased quality of life for individuals in developed nations

Enhanced communication networks within developed nations

Improved balance sheets for corporations in developed nations

Decrease in manufacturing jobs due to corporations moving operations to cheaper countries (correct)

How has globalization positively impacted the product life cycle of Kinder Eggs?

Kinder Eggs are now banned in most countries due to safety concerns

Kinder Eggs are no longer produced or sold worldwide

Kinder Eggs' popularity has significantly decreased globally

Kinder Eggs have continued to be a popular candy in countries like Canada and Europe (correct)

How has globalization affected the quality of life in developing nations?

There has been no impact on the quality of life in developing nations

Developing nations have experienced a decline in economic opportunities

Quality of life has generally improved for individuals in developing nations (correct)

Quality of life has decreased in developing nations due to globalization

What is a corporate effect of globalization on product life cycles?

Shortened product life cycles due to global competition Signup and view all the answers

Which statement accurately describes the impact of globalization on manufacturing jobs?

Manufacturing jobs often move from developed nations to developing nations due to cost considerations Signup and view all the answers

What is one negative impact of globalization on corporation's balance sheets as mentioned in the text?

Inflow of plasticwares from Asian nations like China into the Philippines affecting corporation's balance sheets Signup and view all the answers

How does globalization affect an organization's balance sheet?

It can result in both positive and negative effects on the balance sheet Signup and view all the answers

What is a potential positive effect of globalization on the product life cycle of organizations?

Expanding markets and increasing product demand Signup and view all the answers

How does globalization impact the product life cycle of corporations?

It opens up opportunities for rapid product innovation and market expansion Signup and view all the answers

In what way has globalization positively impacted the quality of life in developing nations?

Through improving transportation infrastructure and healthcare facilities Signup and view all the answers

What is a common negative effect of globalization on manufacturing jobs?

Outsourcing of manufacturing jobs to lower-cost countries Signup and view all the answers

What is the negative effect on a corporation's balance sheets as mentioned in the text?

Reduced market share Signup and view all the answers

How does globalization have a positive effect on the product life cycle according to the text?

Shortening the product development phase Signup and view all the answers

What corporate effects on the product life cycle are mentioned in the text?

Increased product customization Signup and view all the answers

How does globalization impact the quality of life in developing nations based on the text?

Improving access to education and healthcare Signup and view all the answers

What is the impact of globalization on manufacturing jobs according to the text?

Shift towards automation and technology Signup and view all the answers

Negative Effects of Globalization on Developed Nations

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